Legal Document
Imported goods against which safeguard measures are applied
Imported products against which safeguard measures are applied include alloy and non-alloy steel billets, and alloy and non-alloy long steel products (including coils and bars of steel) that are imported into Vietnam with the following HS codes: 7207.11.00; 7207.19.00; 7207.20.29; 7207.20.99; 7224.90.00; 7213.10.00; 7213.91.20; 7214.20.31; 7214.20.41; 7227.90.00; 7228.30.10; 9811.00.00.
With regard to HS code 9811.00.00, the safeguard measure is only applied to the imported goods referred to the following 3 original HS codes: 7224.90.00; 7227.90.00; 7228.30.10; and not applied to the imported goods referred to other original HS codes.
Steel billets and long steel products that have one of the following specifications shall be excluded from the application of the safeguard measure:
(1) Steel billets of non-rectangular (including square) cross-section, the width measuring exceeding twice of the thickness and average dimensions of width and thickness not exceeding 100mm or exceeding 180mm;
(2) Steel billets containing one of the following elements in the specified proportions (%) as follows: C > 0.37%; Si > 0.60%; Cr > 0.60%; Ni > 0.60%; Cu > 0.60%; (3) Plain round bars of steel whose nominal diameter exceeds 14 mm;
(4) Steel products containing one of the following elements in the specified proportions (%) as follows: C > 0.37%; Si > 0.60%; Cr > 0.60%; Ni > 0.60%; Cu > 0.60%; (5) Alloy wire rods of a kind used for producing soldering sticks (solder).
For being exempted from safeguard measures, importers of steel billets and long steel products specified in section (1), (2), (3) and (4) must provide documents proving that their imported goods have satisfied requirements for being exempted from safeguard measures as stated above to the customs authorities.
Importers of wire rods specified in section (5) should refer to Appendix 1 of this Notice to take necessary procedures for exemption from the aforesaid safeguard measures.
3. Official safeguard duties
3.1. Safeguard duties applicable to steel billets
The Ministry of Industry and Trade shall apply safeguard measures in form of import surcharges to steel billets imported into Vietnam as follows:
|
Validity period |
Duty |
|
From March 22, 2016 (Temporarily effective date of the Decision on application of safeguard measures) to March 21, 2017 |
23.3% |
|
From March 22, 2017 to March 21, 2018 |
21.3% |
|
From March 22, 2018 to March 21, 2019 |
19.3% |
|
From March 22, 2019 to March 21, 2020 |
17.3% |
|
From March 22, 2020 |
0% (excluding extension) |
The safeguard duty of 23.3% in the form of import surcharge shall be imposed on steel billets imported to Vietnam with specific HS codes as follows:
|
No. |
HS code |
Description |
|
7207 |
Semi-finished products of iron or non-alloy steel |
|
|
|
7207.11.00 |
- - Of rectangular (including square) cross-section, the width measuring less than twice the thickness |
|
|
7207.19.00 |
- - Other |
|
7207.20 |
- Containing by weight 0.25% or more of carbon |
|
|
|
7207.20.29 |
- - - - Other |
|
|
7207.20.99 |
- - - - Other |
|
7224 |
Other alloy steel in ingots or other primary forms; semi-finished products of other alloy steel. |
|
|
|
7224.90.00 |
- Other |
3.2. Safeguard duties applicable to long steel products
The Ministry of Industry and Trade shall apply safeguard measures in form of import surcharges to long steel products imported into Vietnam as follows:
|
Validity period |
Duty |
|
From March 22, 2016 (Temporarily effective date of the Decision on application of safeguard measures) to August 1, 2016 (prior to the officially effective date of the Decision) |
14.2% |
|
From August 2, 2016 (officially effective date of the Decision) to March 21, 2017 |
15.4% |
|
From March 22, 2017 to March 21, 2018 |
13.9% |
|
From March 22, 2018 to March 21, 2019 |
12.4% |
|
From March 22, 2019 to March 21, 2020 |
10.9% |
|
From March 22, 2020 |
0% (excluding extension) |
The safeguard duties in the form of import surcharges shall be imposed on long steel products imported to Vietnam with specific HS codes as follows:
|
No. |
HS code |
Description |
|
7213 |
Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel. |
|
|
|
7213.10.00 |
- Containing indentations, ribs, grooves or other deformations produced during the rolling process |
|
|
7213.91.20 |
- - - Of a kind used for concrete reinforcement (rebars) |
|
7214 |
Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling. |
|
|
7214.20 |
- Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling: - - Containing by weight less than 0.6% of carbon: - - - Of circular cross-section: |
|
|
|
7214.20.31 |
- - - - Of a kind used for concrete reinforcement (rebars) |
|
|
7214.20.41 |
- - - - Of a kind used for concrete reinforcement (rebars) |
|
7227 |
Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel. |
|
|
|
7227.90.00 |
- Other |
|
7228 |
Other and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel |
|
|
7228.30 |
- Other bars and rods, not further worked than hot-rolled, hot-drawn or extruded: |
|
|
|
7228.30.10 |
- - Of circular cross-section |
|
9811 |
|
|
|
|
9811.00.00 |
Alloy steel containing Boron and/or Chromium, other than categories of flat-rolled steel products that are hot-rolled. |
Duration of application of safeguard measures
The safeguard measure shall be applied in 4 years from the effective date of the Decision on application of the provisional safeguard measure
Grounds for applying safeguard measures
Based on the information provided by relevant parties and the last analysis report on this matter, the investigation authority gives assessments as follows:
- Domestic industry is composed of domestic manufacturers of steel billets/long steel products that account for more than 50% of total production of those products.
- Domestically produced steel billets and long steel products are like products as those imported into Vietnam.
- Quantity of steel billets and long steel products imported to Vietnam manifests the increase in both absolute and relative terms during the investigation.
- Domestic industry has incurred serious injury such as reduction of market share, capacity, revenue, profits, workforce and increase of inventories in the period 2012 - 2015, especially in 2015.
- The increase of import volume of goods causes serious injury to the domestic industry.
- The China’s excess of production capacity and real output associated with the large amount of Chinese steel inventories are considered as “unforeseen developments" and resulted in sudden increase of the import volume of steel billets and long steel products into Vietnam.
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